Start production of Hybrid In-Organic Electrochromic devices for further assembling of ginal products at glass processing facilities.
1. Lab samples of thin film coating are produced
2. Polymer electrolyte is developed
3. Lab samples of devices are produced
4. Lab samples are tested under GOST P 56773-2015 and passed
5. Controlling devices are available
Customers: B2B model. We sell parts of further electrochromic glass to glass processing companies. That will enable the market and let the entire chain to benefit from our offer.
Market: main segment is architectural glazing market (interior, facade and exterior). Can be implemented at other segments like automotive.
Problem or Opportunity
The architectural glazing market demands adjustable tinting smart glass that has superior neutrality, longevity and not too expensive. Current market players like View, Sage, eControl and others use strictly vertical integrated model when one single company holds all the processes starting from order collections and installation at the final user. That doesn't fit into existing value chain at the glazing market.
Most of the competitors don't have neutral black color of tinting (we have) and their solutions are very expensive.
All of these factors slows down the market development.
Solution (product or service)
We have neutral black, inexpensive solution that will be available for glass processing and final assembling by glass processing companies. The product and the company will fit into the existing value chain at architectural glazing market.
View, Sage, eControl and a number of other players.
Advantages or differentiators
1. Neutral black color
2. Low cost of the product
3. Solution prepared for NON-vertical integrated business
1. Selling electrochromic parts (substrates with deposited electorchromic layers) to glass processing companies.
2. Selling licenses to other companies who want to start production of such kind of a product.
B2B model. Factory that produces substrate with electrochromic layers deposited sells it to the next producer.
Money will be spent on
Phase 1: R&D, checking and scale-up of current results. Up to 3.000.000 USD
Phase 2: Factory foundation. Equipment ordering, facility preparation. Up to 22.000.000 USD
Phase 3: Factory Start-Up. Personal training, setting up of the production process. Up to 2.000.000 USD
Current estimations can be adjusted depending on a concrete implementations plan. Overall expenses <35.000.000 USD
Offer for investor
Joint ventures option is preferable. In general we are very flexible in the offer.
Physical Vapour Deposition is the method of depositing electrochromic layers on the substrates. It can be done only with expensive equipment that is not available right now. Further steps (sizing of the lab samples) are delayed.
Incubation/Acceleration programs accomplishment
Russian Railroads accelerator - on goign
Won the competition and other awards
Russian patent 2692951 + pending russian patent for controlling devices